Crypto-Stocks

Sort by newest Sort by date
tsptalk

tsptalk

Moderator
Staff member
Reaction score
2,166
This is not financial advice nor investment recommendations. It's a list of some stocks, some of which have been mentioned in other crypto-currency threads, related to blockchain and / or cryptos. They have been moving wildly lately and could provide good short-term trading opportunities on the long and short side.

If you know of any, please post here. Thanks!

ACN

CRCW

GAHC

GBTC

LFIN

OSTK

RIOT


Again, not investment recs, just possible trading vehicles. I've been in and out of a few of them over the last few months.
 
tsptalk said:
This is not financial advice nor investment recommendations. It's a list of some stocks, some of which have been mentioned in other crypto-currency threads, related to blockchain and / or cryptos. They have been moving wildly lately and could provide good short-term trading opportunities on the long and short side.

If you know of any, please post here. Thanks!

ACN

CRCW

GAHC

GBTC

LFIN

OSTK

RIOT


Again, not investment recs, just possible trading vehicles. I've been in and out of a few of them over the last few months.
Click to expand...

GCAP
MARA
OTIV
 
tsptalk said:
This is not financial advice nor investment recommendations. It's a list of some stocks, some of which have been mentioned in other crypto-currency threads, related to blockchain and / or cryptos. They have been moving wildly lately and could provide good short-term trading opportunities on the long and short side.

If you know of any, please post here. Thanks!

ACN

CRCW

GAHC

GBTC

LFIN

OSTK

RIOT


Again, not investment recs, just possible trading vehicles. I've been in and out of a few of them over the last few months.
Click to expand...

CRCW was suspended by the SEC today.


Sent from my iPhone using TSP Talk Forums
 
dhat1 said:
CRCW was suspended by the SEC today.
Click to expand...

Just because it went from $3 to over $600 in a few weeks? :laugh:

It sounds like they were manipulating the price themselves. Average trading volume was only about 5000 shares a day. Dangerous.
 
If I had to pick one of these to put money in, which would be the best bet? I don't want to drop $3,000 for one share of GBTC, so which of the others is the most solid?
 
I guess it depends on if you want to invest in a crypto-currency, or a blockchain technology stock. Not that I have the answer, but it may narrow your choices.

GBTC is invested in the cryptos where someone like RIOT is trying to become a blockchain company, although they are being exposed for possibly overstating their abilities.

Overstock may be the most credible of the bunch as far as having a successful track record at something, although ACN looks solid too. The bigger the risk, the bigger the possible gains ... or losses.
 
GBTC was over $3500 at yesterday's highs before closing near $3000. Today it pulled back below $2300 temporarily. Whether you love or hate cryptos, the trading is great.

122017a.gif
 
The blockchain / crypto related stocks are getting hit hard lately.

Here's a few more to look at:

GROW
MARA
HIVE
 
I tried to short LFIN this week and RIOT last week on my Ameritrade account. Was rejected and I couldn't short either! Option puts were sick spreads and low to no volume. I definately will not be buying either. I do own GBTC and have dry powder if another dot com. Presents itself.
 
bmneveu said:
If I had to pick one of these to put money in, which would be the best bet? I don't want to drop $3,000 for one share of GBTC, so which of the others is the most solid?
Click to expand...

One share at $3000.00 with a 10% gain is the same return as a $3,000.00 investment in a $5.00 stock and owning 600 shares with a 10% gain. Buy the 800lb gorilla in the space regardless of price per share. Why I add to my Amazon position although it expensive.
 
dhstdog said:
One share at $3000.00 with a 10% gain is the same return as a $3,000.00 investment in a $5.00 stock and owning 600 shares with a 10% gain. Buy the 800lb gorilla in the space regardless of price per share. Why I add to my Amazon position although it expensive.
Click to expand...

I agree. But I don't want to put that kind of money into crypto currency stocks right now. I have other money already in it and not interested in increasing that position by that much right now.
 
I'm 7 for 7 in trading GBTC this year. My latest trade was the biggest, made over $7K in 2 days...I sold Monday morning when it was at $3,050 and was kicking myself a few hours later for selling.
But boy am I glad I sold though, what a beating, down almost 50% from the peak in one day! These things are nuts and they've served their purpose for me and I'm staying away. My Roth IRA soared by well over 100% this year thanks mostly to GBTC (with other crazy trades like UVXY thrown in), but good riddance, I was so freaking lucky!
 
I bought some RIOT this morning for $30, where there was an open gap. It's down to $27 already after filling a lower gap near $25. There's yet another gap near $15 so watch out. Wild suckers.

This is not an investment since these are not companies I know much about. I'm just looking for quick strikes on volatile stocks. Careful!

122117a.gif
 
Despite my objections the whole way up, my wife held onto 3 shares of GBTC so she got the entire gain. This week she's paying the price for that buy hold. Still, she may have made more than me with my in and out trades.
 
tsptalk said:
I bought some RIOT this morning for $30, where there was an open gap. It's down to $27 already after filling a lower gap near $25. There's yet another gap near $15 so watch out. Wild suckers.

This is not an investment since these are not companies I know much about. I'm just looking for quick strikes on volatile stocks. Careful!

You

122117a.gif
Click to expand...

You a crazy man or a genius! I'm to scared to buy that one.
 
dhstdog said:
You a crazy man or a genius! I'm to scared to buy that one.
Click to expand...

A little crazy, but I bought just 33 shares of that one so there wasn't too much at stake. :)

GBTC is the one that has hurt after buying some at $2300 the other day, but fortunately it's up about 30% off this morning's lows. My wife is the crazy one as she buys and holds. :eek:
 
You must log in or register to reply here.
Back
Top